Settings8H · net · $10k
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Funding arb · Price arb / Crypto

LIT

All LIT markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
GRVTLIT_USDT_Perp
3.4040+0.0070pay 0.0035% / 4h5m 47s$592K$1.9M10xLong GRVT
SHORT
AsterLITUSDT
3.4202+0.0100get 0.0050% / 4h5m 47s$8.7M$4.9M50xShort Aster≤10% back
Price gap+0.475%
Funding gap+0.0030% /8h

Both sides work: funding pays +$1 a day on $10k, and the gap is 0.391% above its 7d average: +$39 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$1+0.0030% /8h now · paid +0.014% over the last 7D
Price+$39spread +0.475% now, avg +0.084% → +0.391% if it goes back
Costs−$420.421% of $10k · taker + slippage, in and out
Result−$2−0.02%+ Points / potential airdropGRVT: points · Aster: Stage 5 · farm board

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.475%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

LIT on 45 exchanges

lowest funding first

Before you open

5 ok · 1 to watch
  • OK: Fits both order books10.6 / 12.5 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$1,000 + $200
    GRVT 10x, Aster 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$0.90Long GRVT: 6 payments, −$2.10; short Aster: 6 payments, +$3.00.
  • OK: Entry gap works for you+0.475% vs +0.084%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$592K vs $8.7M OI
    GRVT sets your exit cost. Check its book before closing.
  • OK: Points on a legGRVT points · Aster Stage 5
    Volume here counts toward the points program.
  • OK: No KYC on either legGRVT No · Aster No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0007%/8h × 21 periods+$1.40
Price spread+0.475% → +0.084% (7d avg)+$39.07
Slippage, 4 orderslive order books−$25.05
Fee GRVT bp × 2 orders−$9.00
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k−$1.58
Costs to cover0.421%Break-even14.9 days
Slippage: GRVT: live order book, just now; Aster: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGRVT0.4410.6 bp−$1131.6 bp−$316doesn’t fitdoesn’t fit
SELL · SHORTAster0.2912.5 bp−$1333.8 bp−$338doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

LIT news

posts that mention LIT, from every exchange
10-31 16:14DeriveContestOctober at Derive: ➤ V3 Live. Launched with Ethereum custody, ZK proofs, sub-millisecond matching and no-code vaults. ➤ Governance. Submitted a CFTC comment letter on conflicts and affiliations. Proposed expansion into US-regulated derivatives markets through governance. ➤ Volume. $3.47B month to date, including $2.94B in options and ~$4B open interest. ➤ Trading. Added RFQ Price Protection, PUMP and VVV markets as well as LIT as collateral. ➤ HYPE. Integrating Elysium by @Kinetiq_xyz. Launched Road to Expiry with Kinetiq, a HYPE options contest with a ~$40k prize pool. Lowered margin and more borrowing power against HYPE and kHYPE. @DeriveXYZ on X ↗
10-30 14:20DeriveListingLIT is now live as collateral on Derive 🕯️ Deposit LIT and put it to work without selling it: • Margin LIT options and LIT-PERP • Sell covered calls against your LIT • Use it as cross-margin for BTC, ETH, HYPE and alts Keep your exposure to @Lighter_xyz while making your holdings productive. @DeriveXYZ on X ↗
10-29 18:30OKXOtherA fresh X Drops Club just landed in Europe: @CetusProtocol Trade CETUS, HYPE, ENA, LIT, GRASS, GRVT, FET, HUMA or LINK for a share of 4.5M $CETUS, with CETUS trades counting 5×. This one moves fast. Get in before Nov 1. @okx on X ↗
10-28 14:18DeriveOtherV3 is running smoothly, and our team keeps shipping improvements. Here are three updates traders can expect this week: • Lower options margin. You can trade BTC, ETH, and other supported options with less collateral in standard-margin accounts, leaving more available for your next trade. • More capital-efficient collateral. You can borrow more against $HYPE and $kHYPE in eligible accounts. • More collateral types. We'll add $LIT as collateral to back supported altcoin markets. @DeriveXYZ on X ↗
10-28 13:48DeriveOtherV3 is running smoothly, and our team keeps shipping improvements. Here are three features going into effect for traders soon: • Lower options margin. You can trade BTC, ETH, and other supported options with less collateral in standard-margin accounts, leaving more available for your next trade. • $DRV perps. You can trade DRV with up to 3x leverage and use your DRV holdings as collateral in supported accounts. • More collateral options. You can borrow more against HYPE and kHYPE in eligible accounts, and use $LIT to back supported altcoin trades. @DeriveXYZ on X ↗
10-23 16:16DeriveOtherBig LIT options flow on Derive 🕯️ A trader sold $330k notional of LIT calls expiring 25 December, collecting $31k in premium upfront. TL;DR: they’re selling upside roughly ~36% above spot into year-end. @DeriveXYZ on X ↗